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Macon Reporter

Monday, November 25, 2024

Long Creek home prices rise in the fourth quarter of 2017

Re 10

The median sale price of a home sold in the fourth quarter of 2017 in Long Creek rose by $29,500 while total sales decreased by 47.1%, according to BlockShopper.com.

From October through December of 2017, there were nine homes sold, with a median sale price of $132,000 - a 28.8% increase over the $102,500 median sale price for the same period of the previous year. There were 17 homes sold in Long Creek in the fourth quarter of 2016.

The median sales tax in Long Creek for 2017 was $2,143. In 2016, the median sales tax was $2,110. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Long Creek to other Macon County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Forsyth171330.8%$242,500$242,0000.2%
Oakley330%$225,000$233,500-3.6%
Mount Zion1629-44.8%$197,050$130,00051.6%
Harristown111-90.9%$175,000$111,50057%
Long Creek917-47.1%$132,000$102,50028.8%
Maroa68-25%$125,750$92,50035.9%
Argenta24-50%$101,000$61,25064.9%
Decatur175266-34.2%$79,900$54,95045.4%
Blue Mound29-77.8%$72,500$82,000-11.6%
Niantic12-50%$59,500$25,900129.7%
Macon330%$56,500$76,500-26.1%

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